What are the Recently Listed IPOs?
Recently listed IPOs are those that have been listed on stock exchanges like BSE and/or NSE. Before an IPO is listed, it goes through several stages. After the bidding period has ended and shares have been allocated to successful investors, the IPO is listed. IPOs can be listed at a premium (higher than the issue price) or at a discount (lower than the issue price).
What Happens When an IPO is Listed?
In the stock market, IPO listing refers to the process of making a company's shares available for trading. As soon as a recent IPO in India is listed, traders and investors will be able to purchase or sell shares. Also, when an IPO is listed, investors have the opportunity to make a profit or book losses.
How Recently Listed IPO's Share Price is Discovered on Listing Day?
The price discovery session or 'Call auction' is conducted on the listing day of a recent IPO in India. Usually, this session lasts for an hour before regular trading begins. When regular trading starts on the first day of the recent IPO listings, the weighted average price in that session will serve as the basis for the circuit filter.
The SEBI guidelines do not set limits for price discovery during price discovery sessions. However, the exchanges apply a 75% operating range during the price discovery session. This prevents a few random bids from tampering with the process. BSE and NSE officials decide to relax the ceiling if there is heavy demand at the upper end of the 75% operating range. If demand is not as high, the 75 percent ceiling remains.
How to Check Recent IPO Performance?
Kotak Securities offers an extensive list of recently listed, ongoing, upcoming, and closed IPOs. On the Current IPO page, you will discover detailed information and the subscription status of IPOs currently open for subscription. If you're interested in upcoming IPO and wish to access their Draft Red Herring Prospectuses (DRHPs), simply visit the Upcoming IPO page. Additionally, the Closed IPO page provides you with accurate insights into IPOs that have ceased accepting subscriptions.
FAQ on Recently Listed IPO
How do I find a Recent IPO?
For information about recent IPO listed, it is best to visit a stock exchange website, an IPO tracking website, a brokerage firm, or an investment firm. By checking the company profile, price band, issue size, lot size, and minimum investment amount, you can invest directly.
Can I buy shares on listing day?
Yes. On the listing date, all investors with a Demat and trading account can purchase shares. Every day, the market opens at 9 AM, but the IPO listing process begins at 10 AM. Usually, the first few minutes are very volatile. So, if you plan to invest, it is best to wait for a while.
Where can I find historical IPO performance?
Indian stock exchange websites, financial news platforms, and specialized IPO tracking websites provide a quick historical IPO performance.
Can I see the IPO on the listing day?
Yes, you can see the IPO on listing day. The day an IPO is officially listed, shares become available for trading on the stock exchange.
What is new shares in IPO?
The shares issued for the first time are referred to as new shares in IPO.
Is it good to buy new IPO?
Buying a new IPO may be good if you invest in the right company. The performance of the stock after the IPO determines if the investment is good or not. So, it is always advisable to thoroughly assess a company’s business model and key fundamental metrics.
